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Business News

Location American Business News for 17 October 2023
I had 2 limbs amputated after an accident. A year later I've returned to the office 2 days per week and use AI to help me type. Sarah de Lagarde said that returning to work after her double amputation "allowed me to claim myself back."
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Best Buy will stop selling DVDs and Blu-rays after the 2023 holiday season Best Buy customers looking to purchase DVDs or Blu-ray discs will have to find another retailer after the 2023 holiday season. Starting in 2024, sales of hard copies of movies and TV shows by the consumer electronics sel...
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Scott to introduce anti-Iran funding bill amid violence in Middle East Sen. Tim Scott, R-S.C., ranking member of the Senate Banking Committee, is pushing a bill to re-freeze Iranian funds made available after a Biden-negotiated hostage deal last month. Scott says the move is motivated as a ...
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I'm a 23-year-old gay man training to be a priest. Though I'm living on only $740 a month, I don't regret it one bit. He's Gen Z and training to be a priest. 23-year-old Peter Banks says it was a big shift from someone who was heavily invested in a different career.
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Ethereum Layer-2 Scaling Solution Scroll Goes Live

Crypto News - 17 Oct 2023 22:30
Ethereum Layer-2 Scaling Solution Scroll Goes Live Scroll, an Ethereum layer 2 (L2), has announced the launch of its zkEVM mainnet, which allows developers to have increased speeds, latency, and lower fees to build decentralized applications (dApps). According to the ope...
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US extends first full deployment of its newest supercarrier, another twist for the powerful warship amid the Israel-Hamas war A top Pentagon official said the Gerald R. Ford Carrier Strike Group's months-long deployment was supposed to come to an end soon.
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Choice Hotels Unveils $7.8 Billion Takeover Offer For Wyndham

Wall Street Journal - 17 Oct 2023 18:22
Wyndham rejects the offer, saying it involves significant business and execution risk.
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How much Goldman Sachs' profit plummeted in the third quarter It's the eighth straight quarter the bank has seen a year-over-year profit decline.
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BlackRock CEO Larry Fink: Bitcoin Rally Reflects Crypto's Growing Appeal BlackRock CEO Larry Fink has attributed the recent rally in Bitcoin (BTC)'s price to the increasing interest and demand for cryptocurrencies. Fink made these remarks in response to a false news report about the approval ...
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A Goldman partner reportedly blasted Apple's savings accounts as a mistake: 'We should have never done this f—ing thing' Apple touted over $10 billion in user deposits into its savings accounts with Goldman, but some bank insiders reportedly see the venture as a mistake.
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Evergrande's Economic Tremors Trigger Bank Run in Northern China Several reports say that the major Chinese real estate developer Evergrande’s downfall triggered a bank run in northern China last week. The bank run began after rumors spread that the financial institution, Bank of Ca...
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UniSim can also simulate rare events, a feature that is particularly useful in robotics and self-driving car applications, where data collection can be costly and risky.
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Going Tough But Albertsons Moves Kroger Deal Ahead With Store Sale Ahead of its long-proposed merger with Kroger, grocery chain Albertsons outperformed expectations today but was still buffeted by consumer headwinds.
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Here's what we know about Jim Jordan and the Ohio State University wrestling scandal The Ohio Republican was accused in 2018 of covering up sexual abuse while working as an assistant wrestling coach at OSU from 1986 to 1994.
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CHART OF THE DAY: Here's the simple reason why home prices won't fall anytime soon Hybrid work has allowed households with equity to move to lower cost of living areas without fully relying on a mortgage to buy their next home.
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How to Buy Bitcoin Anonymously Without ID

Crypto News - 17 Oct 2023 16:35
How to Buy Bitcoin Anonymously Without ID Although Bitcoin offers a way to transact on the internet completely anonymously, buying Bitcoin isn't always anonymous. Most major crypto exchanges require ID to buy Bitcoin, forcing Bitcoin users to reveal their identi...
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Goldman Sachs Reports 33% Profit Drop

Wall Street Journal - 17 Oct 2023 15:56
The bank is pinning much of its hopes on its asset and wealth-management unit. Quarterly revenue in that business fell 20%.
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WPP Combines VMLY&R With Wunderman Thompson to Form VML WPP has merged Wunderman Thompson and VMLY&R to create VML, a new agency that combines brand experience, customer experience and commerce under the leadership of Jon Cook as global CEO and Mel Edwards as global president...
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US stocks slump as bond yields rise after September retail sales blow past estimates Retail sales jumped 0.7% in September from the prior month, more than double forecasts for a 0.3% gain.
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Nation's second-biggest bank by market capitalization adds accounts and clients "across all lines of business."
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Women face a 'broken rung' early on in the corporate ladder and are missing out on their first big promotions A Lean In and McKinsey & Company report found fewer entry-level women than men were promoted based on data from over 200 companies.
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All of Chinese property giant Country Garden's offshore debt could be in default if it fails to make $15 million coupon payment on Tuesday.
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